Timothy Jennings
1st time investor, 1st offer accepted and now..1st inspection
Hello everyone,Around 6-7 months ago my wife and I stumbled onto BP and decided to start learning as much as we could with the intent to head down the real estate investment path. It's taken us a little while to find ...
Maria Alfaro
Newbie/ Owner Financing
Hi, newbie here. I am renting a 2bd 2 1/2ba condo for $1225 a month. The owner has just proposed a rent to own and asked me to make an offer. Before I make an offer wouldn’t I need to know the terms? What she is aski...
Dino D.
Defining NJ "Habitual late payment"
Can anyone with experience define what constitutes grounds for eviction under the NJ "habitual late" renter legalese? I had *thought* it was defined by two consecutive late rent payments, at which point the LL sends ...
John Michael Rico
ABOUT BRRR INVESTING
I am somehow confused with the BRRR. How will I be able to pay for the first loan from a private lender if I don't have a tenant yet during the rehab period?Then after refinancing the property, how will I be able to p...
Maiko Miyake
pros and cons of interst only.... do I get it right?
If I do interest only, I don't build any equity by making monthly payment. The only way to build equity is by appreciation. I also face higher rate fluctuation. :cry: A good side of the story is that monthly pay...
Rawn Wilson
Cash flow cunundrum. Restructure mortgage and lease or sell?
Ok, here we go. I need to separate emotion from business.I have recently started becoming serious about investing into buy and hold properties. I have purchased 2 properties so far in 2018. I have a third property ...
Timothy Gillette
HML--> Refi strategy for a new investor
I'm a new investor and have a goal to purchase 2 SFH in 2013 to hold as rentals.
My strategy is to use Hard Money for the purchase and rehab. Then refinance after a 6 month seasoning period.
My financial situation:
...
Allen Nida
Help me run this house hack.
Hi there! I’ve never posted on the BP forums as I’m just starting out as a potential investor. Below is a real world property for sale, this very moment. Properties with these numbers are common for my area. This spec...
Nate W.
First Rental- basic math
Choosing between two newly developed units in Utah. Breakdown: SALT LAKE COUNTY (near main I-15 freeway): 2-bedroom: $220k (not including any other closing fees), projected monthly rent $1,600+, monthly HOA $100+, co...
Matthew Davis
Canada rental property opportunity
Hey BP,Wanted to run a potential deal past the community to see if it is something worth considering as my first rental property investment. And is pretty much the max I can afford at this time.Details:
Single family...